Tag Archives: usda loan

FHA Mortgage Premium Changes for October 2010

This Week FHA Announced changes to  both the Monthly Mortgage Insurance  Premium and the Up Front Mortgage Insurance Premium (UFMIP) Currently UFMIP is 2.25% as of October 4,2010 (Previously it was September 7th) it will be 1.00%.  At first glance … Continue reading

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Applying for a Mortgage? Dispute negatives on credit to get a good rate…NOT!

When applying for a mortgage what applied a few years or even a few months ago simply will not get you a loan You think that you have a Great credit score of 720 or higher and your loan should … Continue reading

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Unlicensed Loan Officer – Should you Risk your Home or Business?

Will your Loan Officer, Loan Professional or Mortgage Originator be licensed in 30 Days? The purge in the industry continues as of mid-April 11,667 Loan Officers are Currently Licensed.  188,333 are not licensed under the NMLS that are doing loans … Continue reading

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First Time Tax Credit Extended to 2011 for Members of Military and Other Federal Employees

Extension of the first time home buyer Credit AND The Move Up Buyer Credit extended to 2011 for some members of military and some certain other Federal Employees Worried about the Tax credit Expiring? It you work with Vets you … Continue reading

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USDA Loan program out of money 4/30/10

USDA Loan program for 100% financing of residential financing will be out or money April 30, 2010 USDA the folks that grantee the rural development loan for homes sent out an email to all USDA Rural Development lenders that stated: … Continue reading

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